the permanent fund is an example of a fund that would be reported in the statement of revenues, expenditures and changes in fund balance. group of answer choices true false
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false. the permanent fund is an example of a fund that would be reported in the statement of revenues, expenditures, and changes in fund balance.
In order to handle a portion of the state's oil revenue, Alaska created the Permanent Fund in 1976. The Statement of Revenues, Expenditures, and Changes in Fund Balance does not include it. As a distinct financial statement, it is instead included in the Comprehensive Annual Financial Report (CAFR). A portion of the Permanent Fund's revenues is dispersed each year as a dividend to eligible Alaskans, who will use it as a source of income in the future. The Permanent Fund is therefore not included in the list of public funds listed in the Statement of Revenues, Expenditures, and Changes in Fund Balance.
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Related Questions
a good reason to invest in new-product development is _______.
Answers
A excellent incentive to make investments in fresh product development is to support corporate growth. Items that augment a company's current product range are termed additions to the existing product line.
Following the generation of ideas, the following stage inside the process of product development is concept testing.
Products that appear promising following the business analysis phase of product development move on to the early stages of development.
Commercialization involves deciding how to put a good on the market.
Companies strive to create items that are attractive to employers globally since product development may well be time demanding and expensive.
Innovators are the first people to accept new things. The mature stage of a PLC is indeed the point at which sales revenue peaks owing to market dominance.
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DESCRIPTION OF THE LAW OF DEMAND
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Answer:
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded
2. In what type of organization is the functional manager likely to maintain project budget control? A. Weak matrix B. Balanced matrix C. Strong matrix D. Projectized
Answers
A. Weak Matrix. In a weak matrix organization, the functional manager generally has more authority and control over resources and budget, while the project manager has limited authority.
Weak matrices have been described by project managers as one in which the balance of power is critically tilted in the direction of line or function management.The shortcomings of matrix organizational structures divide loyalty among project teams. A blurry line of accountability.
Difficulty coordinating tasks and functions. Power struggle between project manager and feature manager. Deficiencies in functional organizational structures. This can lead to poor communication and independent silos. Teamwork and coordination are lacking when employees and managers are simply loyal to the team.
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The country of sudan has an estimated annual growth rate of 2 percent. at this rate of growth, approximately how many years will it take for the population of sudan to double?
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According to estimates, Sudan's annual growth rate is 2%. The population of Sudan will double in about 35 years if growth continues at this rate.
How is the annual growth rate determined?By considering the average revenue for a specific time period, annual growth rates are determined. The finishing value of an investment or asset is divided by the asset's initial value in the yearly growth rate formula. You get a decimal point that can be converted into a percentage when you take one out of this amount.
Growth rate = (Current value / Previous value) x 1/N - 1 is the formula.
Add the current value to the previous value and subtract it: Subtract the prior value from the present value to obtain the difference between the two. Current value minus Previous value equals Difference.
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Select a topic and develop a curriculum targeted to 6th-grade students. Provide an outline of the material and how it will be presented. Defend your reasoning for the mode of delivery that was selected. Write a 450 word response about the topic, curriculum, material outline, and presentation method.
Your response must:
contain 450 words in outline and paragraph form;
fully describe the topic and curriculum that you would present. You may access ideas for relevant topics by conducting an Internet search of your state’s 6th-grade standards in whichever subject that interests you; and
include a lesson outline that you would use to present the material;
explain why you chose particular presentation methods to teach the topic; and
explain how you would assess student understanding of the topic or learning objective.
Be original and avoid plagiarism. Be accurate and have correct spelling and grammar in your response.
Use details and information from the lesson as support.
Cite other research sources.
Submission Requirements:
Submit your response as a digital file to your teacher by the submission date specified.
Question # 1
Long Text (essay)
Select a topic and develop a curriculum targeted to 6th-grade students.
Provide an outline of the material and how it will be presented.
Defend your reasoning for the mode of delivery that was selected.
Submit a 450-word response about the topic, curriculum, material outline, and presentation method.
Answers
The curriculum covers language, arts, mathematics, science, and social studies. In language and arts, students build their composition and language skills by studying poetry, writing, and informational texts. As for mathematics, they'll gain a deeper understanding of the operations.
What is a curriculum?The curriculum is the lessons and academic content taught in a school or in a specific course.
To develop a curriculum one should follow the following steps;
1 Identify the purpose of the course.
2 Identify the students' needs.
3 Outline important topics and timeline.
4 Create a variety of categorizations for your lessons.
5 Determine materials and resources to be included in the curriculum.
6 Get feedback from various sources.
Therefore, You can develop a curriculum by these methods.
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Could anyone who is good at business course help me on this question, please? :))
Identify three ways in which a study might be classified as bad research.
Answers
Answer:
The three ways in which a study might be classified as bad research is described below in detail.
Explanation:
Lack of Research: When a study does not satisfy the research process conditions, it is not recognized to be a legitimate one.No Evidence: When researchers displease to present compelling testimony of their conclusions then, such work is not be trusted and the research becomes unreasonable. Biased opinions: A study, which serves all the method, contributes proof but is biased in one approach or the other, then such research is also classified as void.although public relations education isn't generally integrated into most business schools, your author believes that it should be.
Answers
Although public relations education is not often taught in most business institutions, your author feels that it should be true.
What is public relations education?The discipline of public relations is concerned with reputation, with the goal of gaining understanding and support, as well as influencing opinion and behavior. It is a deliberate and ongoing endeavor to build and preserve goodwill and mutual understanding between an organization and its constituents.
Education public relations is the marketing of any brand associated with learning—from test prep firms to additional educational programs—via media such as broadcast, print, and the internet.
There are seven forms of public relations:
Communication strategy.Public relations.Relationships within the community.Communication inside the organization.Communication during a crisis.Public Relations.Communications via the internet and social mediaTo learn more about public relations, click
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answer quickly pls: it is an accounting question:
Answers
Answer:
$3,500
Explanation:
Profit is calculated by subtracting expenses for revenue.
In the case,
Revenues are
fees from client $20,000
Rent received $ 8,000
total revenue $28,000
expenses
insurance $8,000
advertising $3,000
loan interest $ 12,000
motor expense $1,500
$24,500
profit = $28,000 - $24,500
profits =$3,500
define finance education for class 8
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A local business provides carrier training for young adults entering the workers directly from high school. Which economic question has the business answered by focusing on recent high school graduation?
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For whom to produce, is the economic question that the local business answered by focusing on recent high school graduation.
A business is deemed local business if it sells products or offers services to residents in the area. A local business, sometimes referred to as "brick and mortar," might be locally owned or a corporate entity with several sites operating in a particular locality. local businesses are corporations, partnerships, or sole proprietorships with fewer workers and/or lower yearly income than an average-sized local business or corporation in the community. Students who work in local businesses tend to bounce back from setbacks more easily and have a thirst for creativity and the determination to aim high. Student entrepreneurs will be a significant addition to their local businesses and the world at large thanks to the local business skills that are unavoidable in this day and age.
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a. grady exchanges qualified property, basis of $12,000 and fair market value of $18,000, for 60% of the stock of eadie corporation. the other 40% of the stock is owned by pedro, who acquired it five years ago. because this transaction does not meet the control of the corporation requirement, grady has income of $fill in the blank 2 and $fill in the blank 3 18,000 basis in his shares of stock. b. trey, amy, and erin incorporate their businesses by forming whitehead corporation. as part of a prearranged plan, trey exchanges his qualified property (basis $500; fair market value $1,000) for 100 shares in whitehead on may 9, 2022. amy exchanges her qualified property (basis $1,800; fair market value $2,000) for 200 shares of whitehead corporation stock on may 12, 2022, and erin exchanges her qualified property (basis $2,000; fair market value $3,000) for 300 shares in green on march 5, 2022. because this transaction the control of the corporation requirement, trey has income of $fill in the blank 5 and $fill in the blank 6 basis in his shares of stock, amy has income of $fill in the blank 7 and $fill in the blank 8 basis in her shares of stock, and erin has income of $fill in the blank 9 and $fill in the blank 10 basis in her shares of stock.
Answers
In both scenarios, tax consequences depend on whether the control of the corporation requirement is met or not.
In the first scenario, Grady exchanges qualified property with a basis of $12,000 and fair market value of $18,000 for 60% of the stock of Eadie Corporation. Since this transaction does not meet the control of the corporation requirement, Grady has income of $6,000 ($18,000 fair market value - $12,000 basis) and a basis of $12,000 in his shares of stock.
On the other hand, Pedro already owns 40% of the stock, which means that Grady does not have control of the corporation. Therefore, Grady will not be subject to any additional tax consequences apart from the income he received.
In the second scenario, Trey, Amy, and Erin incorporate their businesses by forming Whitehead Corporation. Trey exchanges his qualified property (basis $500; fair market value $1,000) for 100 shares in Whitehead on May 9, 2022. Amy exchanges her qualified property (basis $1,800; fair market value $2,000) for 200 shares of Whitehead Corporation stock on May 12, 2022, and Erin exchanges her qualified property (basis $2,000; fair market value $3,000) for 300 shares in Green on March 5, 2022.
Since the transaction meets the control of the corporation requirement, Trey has income of $500 ($1,000 fair market value - $500 basis) and a basis of $1,000 in his shares of stock. Amy has income of $200 ($2,000 fair market value - $1,800 basis) and a basis of $1,800 in her shares of stock. Finally, Erin has income of $1,000 ($3,000 fair market value - $2,000 basis) and a basis of $2,000 in her shares of stock.
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Which of the following are traits of successful entrepreneurs?
quits when he or she fails
doesn't make the same mistake twice
is self-assured
relies on everyone else to get the job done
Answers
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
Hope this helps!
ralph sold a motel to steve by stating that he had paid $250,000 for it and that his net average annual profit from the business has been $40,000. in reality he paid $100,000 for the motel and has earned a net average annual profit of only $30,000. steve made no attempt to verify the statements until after the transaction was completed. in this case: a. ralph has committed fraudulent misrepresentation and the contract is voidable at steve's option. b. steve is bound by the contract, because he failed to verify the statements which were made to him. c. the contract is not voidable, but steve may sue for damages. d. the contract is automatically void.
Answers
The contract is voidable at Steve's option, meaning he can choose to either rescind the contract and receive a refund or affirm the contract and seek damages.
Ralph has committed fraudulent misrepresentation and the contract is voidable at Steve's option. Ralph made false statements about the purchase price and net annual profit of the motel, which induced Steve to enter into the contract. Steve relied on these false statements and did not verify them before completing the transaction. Ralph made false statements regarding the purchase price of the motel and the net average annual profit from the business. These false statements were material misrepresentations because they influenced Steve's decision to enter into the contract. Ralph intentionally provided incorrect information with the intention to deceive Steve.
Under these circumstances, Steve has the option to void the contract due to Ralph's fraudulent misrepresentation. Steve may choose to rescind the contract and seek remedies such as returning the motel and recovering any damages incurred as a result of the fraudulent statements.
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Which feature is used to summarize data from multiple worksheets but does not require that the data be in the same location on every worksheet?
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Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.
What is worksheet?
A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.
Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.
In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.
As a result, data consolidation is summarizing data from multiple worksheets.
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If a company closes any underapplied or overapplied manufacturing overhead to the cost of goods sold account, then cost of goods sold will be debited if manufacturing overhead is overapplied for the period. True or false?.
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Underapplied or Overapplied manufacturing overhead to the cost of goods sold account, then cost of goods sold will be debited if manufacturing overhead is not overapplied for the period. false
Manufacturing:
Manufacturing is the process of generating or producing goods through the use of machinery, labour, machineries, tools, and chemical or biological processing or formulation. It is the basis of the secondary sector of the economy. The term can refer to a wide variety of human activity, from handmade to high-tech, but it is most commonly used in reference to industrial design, which involves the large-scale transformation of raw materials from the primary sector into completed commodities. Such commodities may be sold to other manufacturers for use in the construction of more complex products, or they could be distributed to end users and consumers via the tertiary industry (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers).
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George has a monthly income gross of 3500 and his monthly debt payments are 325 car payments 290 student loan payment 930 mortgage payment and 400 in credit card payment what is the total debt to income ratio rounded to the nearest percent
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A standard rule of thumb is to preserve your ordinary debt-to-income ratio at or under 43%.
What debt-to-income ratio is too high?Debt-to-income ratio is your monthly debt obligations compared to your gross month-to-month income (before taxes), expressed as a percentage. A excellent debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is regarded to be too lots debt.
What is the easiest debt-to-income ratio for a mortgage?Ideal debt-to-income ratio for a mortgage
In phrases of your front-end and back-end ratios, lenders normally seem to be for the best front-end ratio to be no greater than 28 percent, and the back-end ratio, together with all month-to-month debts, to be no greater than 36 percent.
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https://brainly.com/question/26258146#SPJ4What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answers
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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Comparing perfect first degree price discrimination to perfect competition one can conclude that: I. Consumer surplus is higher under perfect competition. II. Total social surplus is higher under perfect competition. g
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Comparing perfect first-degree price discrimination to perfect competition, we can conclude that:
I. Consumer surplus is higher under perfect competition: In perfect competition, prices are set based on market forces of supply and demand, leading to lower prices and greater consumer surplus. In contrast, perfect first-degree price discrimination involves charging each consumer their maximum willingness to pay, eliminating consumer surplus.
II. Total social surplus is higher under perfect competition: Total social surplus is the sum of consumer surplus and producer surplus. Under perfect competition, prices are set at the equilibrium point, maximizing both consumer and producer surplus.
However, in perfect first-degree price discrimination, producer surplus is maximized at the expense of consumer surplus, leading to a lower total social surplus.
To summarize, perfect competition results in higher consumer surplus and higher total social surplus compared to perfect first-degree price discrimination.
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Internal channels of business communication are designed to reach _____.
1) within the business itself
2) coworkers and upper management within the company
3) a small, targeted group of consumers
4) a large percentage of the consumer market
Answers
Answer: coworkers and upper management within the company
Explanation:
Internal channels of business communication are designed to reach coworkers and upper management within the company.
Internal communication is simply the communication that takes place between the workers in a company and the top management. It is an open communication strategy that is used in order to carry everyone along and also achieve organizational goals.
Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department?
A) 49,520
B) 29,520
C) 39,520
D) 59,520
Answers
The total cost of ending work in process for the Milling Department is $7,200.Option C i.e 39,520 is the correct answer.
The total cost of ending work in process for the Milling Department given the equivalent units of production for materials and conversion, when using the weighted-average method and other relevant details can be calculated as follows: To calculate the equivalent units of production, the weighted-average method is used. The formula to calculate equivalent units of production is:
EUP = Units Completed and Transferred Out + Equivalent Units in Ending WIP Inventory. For the Milling Department:Equivalent units of production for materials = 5,200. Equivalent units of production for conversion = 5,000. Equivalent units in ending work in process inventory for materials = 400. Equivalent units in ending work in process inventory for conversion = 200. To calculate the total cost of ending work in process, the following formula is used:Total cost of ending work in process = cost per equivalent unit × equivalent units in ending work in process. The cost per equivalent unit is calculated using the formula:Cost per equivalent unit = Total cost of beginning WIP + Total cost added during the period. Total equivalent units in the period. For the Milling Department:Total cost of beginning WIP = $20,000. Total cost added during the period = $120,000. Total equivalent units in the period = (5,200 + 400) + (5,000 + 200) = 10,800 units. Cost per equivalent unit = ($20,000 + $120,000) / 10,800 units = $12 per unit. The total cost of ending work in process for the Milling Department can now be calculated as follows:Total cost of ending work in process for materials = cost per equivalent unit × equivalent units in ending work in process for materials= $12 × 400 units = $4,800. Total cost of ending work in process for conversion = cost per equivalent unit × equivalent units in ending work in process for conversion= $12 × 200 units = $2,400. Total cost of ending work in process = $4,800 + $2,400 = $7,200.
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Jessica bought a new shirt at the store when they were having a 15%, percent off sale. If the regular price of the shirt was $37 how much did jessica pay with the discount?.
Answers
The final price that Jessica paid for a $37 shirt after a 15% discount is $31.45
If the regular price of a shirt costs $37, and the store is having a 15% off sale for the shirt, we can then calculate the discount with the following calculation:
Discount = 15/100 × 37
Discount = 5.55
Therefore the discount is $5.55
We can then calculate the final price that Jessica has to pay with the following calculation:
Final price = regular price - discount
Final price = 37 - 5.55
Final price = 31.45
Therefore the final price that Jessica has to pay after the discount is $31.45
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i will give $1000 to someone that can help me with this. and im being serious
Answers
Answer:
shell say to get your team together and lead if can do it do it, if you cant, don't
Explanation: you're the team leader you're supposed to be able to make decisions even the hard ones
write a journal post with three things you might be able to do to go to college (or any other option you are considering after high school) without student loan debt?
Answers
Answer:
You can apply for scholarships, work in high school, and receive grants.
Explanation:
You can possibly graduate college without debt or little money owed back to a bank.
The first option is a scholarship, this money is usually only offered from a range of $500-fully paid tuition. You may have to apply to hundreds before you are granted some but they are offered from freshmen in high school all the way to almost graduating college.
Your second option is working, sophomore year is when you'd be able to get a job the earliest. Every paycheck you save about 20%, work all the way through college and you can save enough to pay for your first year, possibly second year of college. You could also work while you're a full-time student, it'd be hard work but it can be done.
Your third option, but not last is to apply for grants. This is basically free money, they differ from scholarships though. You do not have to pay grants back, and you can get sponsored by companies to pay your way through college.
People in finance work mostly with:
A.Insurance
B.Products
C. Information
D.Money
Answers
Answer:
d
Explanation:
believe it or not I actually did this same exact question
Answer:
D. Money
Explanation:
I just took the test
81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is participating in: A) price fixing B) price discrimination C) psychological pricing D) predatory pricing E) bait and switch.
Answers
Answer:
E) bait and switch
Explanation:
BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.
Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.
what is the differende between wants and needs?
Answers
Explanation:
Want — have a desire to possess or do (something); wish for. Need — require (something) because it is essential or very important rather than just desirable.
A “need” is something that is essential to your survival, and you wouldn’t be able to survive with this. Examples of needs include oxygen, water, food, housing, and clothes. You need oxygen to be able to breathe, and you can’t survive long without food or water. Having clothes is also essential, and having a basic unit of housing provides safety to you.
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In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $82,000 During the year. Dinty wrote off $32,000 of accounts receivable they had attempted to collect and failed. Credit sales for the year were $2, 200,000, and cash collections from credit customers totaled $1, 950,000.
What bed debt expense would Dinty report in its first-year income statement?
A. $50,000.
B. $12,000.
C. $114.000.
D. Can't be determined from the given information.
What accounts receivable balance would Dinty report in its first year-end balance sheet?.
A. $196,000.
B. $211000.
C. $230,000.
D. None of the above is correct
Dim's adjusting entry for bad debts at year-end, which of these would be included?
A. Debit to bed debt expense for SI 14.000
B. Credit to allowance for uncollectible accounts for $82,000
C. Debit to accounts receivable for $32,000
D. All of the above are correct.
Answers
Answer and Explanation:
The computation is shown below:
a. The bad debt expense is
= change in allowance balance + wrote offs
= $82000 + $32000
= $112,000
b. the account receivable balance that should be reported is
= credit sales - cash collection - wrote offs
= $2,200,000 - $1,950,000 - $32,000
= $218,000
c. The adusting entry should be
Bad debt expense Dr $114,000
To allowance for doubtful debts $114,000
(Being bad debt expense is recorded)
here the correct option is a.
Help please!!
Andrew is a software professional. He wants to join a group of software professionals on a networking site to remain updated on latest software trends. Which networking site should Andrew join?
Answers
Answer:
Explanation:
it specializes in that department
a bank features a savings account that has an annual percentage rate of 5.3 % with interest compounded quarterly. ritchie deposits $4,000 into the account. how much money will ritchie have in the account in 1 year?
Answers
Ritchie will have $4,053.7 in the account after one year
Deposit amount = $4000
Rate = 5.3% ( Compounded quarterly)
Since the rate is compounded quarterly thus -
5.3% / 4
= 1.325
Similarly determining the number of quarters -
= 12/3 ( There are 12 months in a year and 3 months per quarter)
= 4
Compound interest can be thought of as the addition of the loan's interest to the deposit's principal amount. Compound interest is therefore calculated using the Principal plus any prior interest.
Calculating the compound interest -
A = P (1 + r/100)^t
= 4000 ( 1 + 1.325/ 100 )^4/4
= 4,000 x 1.01325
= 4053.7
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Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:
Answers
Answer:
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
4. 9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. 2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
B. Gross profit percentage=43.47%
Explanation:
A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2
1 to 3 Preparation of the journal entries to record sales
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
(1/4*1,250)
4. Preparation of the journal entry to record goods return on February 9
9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. Preparation of the journal entry to record collected on March 2
2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
(1,250-312.50)
B. Calculation for the gross profit percentage for sales to Sarah's Cycles
First step is to find the gross profit
Net sales 937.50
Less Cost of goods sold (530)
(725-195 )
Gross profit 407.50
Now let calculate the Gross profit percentage using this formula
Gross profit percentage = Gross profit/Sales
Let plug in the formula
Gross profit percentage=407.50/937.50
Gross profit percentage=0.4347*100
Gross profit percentage=43.47%